A Shariah-compliant fund, SNB Capital Al Sunbullah SAR, came into operation on 13th November 1986 in Saudi Arabia. With its introduction., the fund came into the limelight for offering good returns on the investment made by traders. Investors willing to invest in this fund can begin their journey with a minimum amount of SAR 7500.
This open-ended fund typically invests in Saudi Arabian enterprises and may also invest in businesses in other Middle Eastern and North African nations. The investment approach of the fund is centered on selecting firms with good fundamentals, such as excellent financials, an established history of success, and an edge over the competition in their respective sectors.
Being managed by SNB Capital which is a subsidiary of Saudi National Bank, the fund has a connection to a team of seasoned investment experts that knows the local market and can discover good investment possibilities. This knowledge enables the fund to successfully manage risk while providing significant returns to its investors.
SNB Capital Al Sunbullah SAR offers desirable returns to people on their investments. Therefore, investors must take into account several factors before investing in this fund.
SNB Capital Al Sunbullah SAR is a medium-risk fund. This states that the fund offers moderate returns and comes with moderate risk.
The minimum amount required when investing in the SNB Capital Al Sunbullah SAR is SAR 7500. This amount is fixed by investment managers to help traders decide with what amount they can start their investment.
The annual management cost of SNB Capital Al Sunbullah SAR is 0.75%. By paying this worth, traders can avail of the services of experts to handle their portfolios.
SNB Capital Al Sunbullah SAR is an open-ended fund. This states that the fund is liquid and enables the traders to keep track of the fund's performance on a regular basis.
SNB Capital Al Sunbullah SAR is managed by SNB Capital. The firm is a well-known investment service provider in the region
The major goal of SNB Capital Al Sunbullah SAR is to gain revenue in the mid-term by making investments in Shariah-compliant securities.
The expense ratio of the SNB Capital Al Sunbullah SAR is 0.09% which implies that investors require to pay an annual charge when investing in the fund.